Debt Crisis? Try Growth Crisis

Video: Richard Heinberg explains why the debt crisis is really a growth crisis... and why that might not be such a bad thing.
Who Killed Economic Growth? video still

 

Economists insist that recovery is at hand, yet unemployment remains high, real estate values continue to sink, and governments stagger under record deficits. Richard Heinberg proposes a startling diagnosis: humanity has reached a fundamental turning point in its economic history. The expansionary trajectory of industrial civilization is colliding with non-negotiable natural limits.

Video by Richard Heinberg and The Post Carbon Institute.



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